Last update: Oct 2026

Cost of Living Comparison Between New Providence and Medellin

For one person, living is cheaper in Medellin: $1,625 a month against $2,159 in New Providence, rent and utilities included – about $6,400 less a year. The total is higher in New Providence despite lower rent and utilities.

79

Cost of Living Index in Medellin
Learn more

Medellin Living Index

Jump to prices

New Providence

🇧🇸 Bahamas

$2,159

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

How much you'll spend in New Providence and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in New Providence and in Medellin actually costs, broken down by who's living it.

A single person spends $2,159 per month in New Providence vs $1,625 in Medellin, rent included.

New Providence $2,159
Medellin $1,625

A couple spends around $5,308 per month in New Providence vs $2,412 in Medellin, rent included.

New Providence $5,308
Medellin $2,412

A family of three spends $8,458 per month in New Providence vs $3,199 in Medellin, rent included.

New Providence $8,458
Medellin $3,199

New Providence costs about 33% more than Medellin, and outside of rent the biggest gap is in eating out.

Both New Providence and Medellin sit above the global median – New Providence by 59%, Medellin by 20%.

Meal at Budget Restaurant

$75.7 BSD 75.7

$8.30 COP 26.3K

811.57%

Three-Course Dinner for Two, Mid-Range

$149 BSD 149

$46.91 COP 148.7K

217.18%

Fast Food Meal (McDonalds, etc)

$9.24 COP 29.3K

Cappuccino

$5.51 BSD 5.51

$3.05 COP 9,676

80.66%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.80 COP 5,707

Water (0.33 liter bottle)

$1.38 COP 4,382

Local Beer (0.5 liter draught)

$3.24 COP 10.3K

Imported Beer (0.33 liter bottle)

$5.56 COP 17.6K

Milk (1 liter)

$2.05 BSD 2.05

$1.50 COP 4,760

36.67%

White Bread (500g)

$5.00 BSD 5.00

$2.37 COP 7,508

110.97%

Rice (white) (1kg)

$5.06 BSD 5.06

$1.70 COP 5,377

197.65%

Eggs

$9.88 BSD 9.88

$2.96 COP 9,379

233.78%

Local Cheese (1kg)

$20.39 BSD 20.39

$10.22 COP 32.4K

99.51%

Chicken Fillets (1kg)

$10.16 BSD 10.16

$9.74 COP 30.9K

4.31%

Beef Round Steak (1kg)

$19.79 BSD 19.79

$13.90 COP 44.1K

42.37%

Apples (1kg)

$4.35 BSD 4.35

$4.13 COP 13.1K

5.33%

Banana (1kg)

$5.88 BSD 5.88

$1.53 COP 4,839

284.31%

Oranges (1kg)

$6.97 BSD 6.97

$2.22 COP 7,052

213.96%

Tomato (1kg)

$3.93 BSD 3.93

$2.27 COP 7,194

73.13%

Potato (1kg)

$3.96 BSD 3.96

$1.99 COP 6,311

98.99%

Onion (1kg)

$3.04 BSD 3.04

$1.67 COP 5,285

82.04%

Lettuce (1 head)

$2.96 BSD 2.96

$1.18 COP 3,742

150.85%

Water (1.5 liter bottle)

$2.98 BSD 2.98

$1.24 COP 3,919

140.32%

Cigarettes 20 Pack (Marlboro, Camel)

$15.01 BSD 15.01

$3.87 COP 12.3K

287.86%

Wine (Bottle)

$24.59 BSD 24.59

$13.78 COP 43.7K

78.45%

Local Beer (0.5 liter bottle)

$3.72 BSD 3.72

$1.66 COP 5,256

124.10%

Imported Beer (0.33 liter bottle)

$3.98 BSD 3.98

$2.40 COP 7,615

65.83%

One-way Ticket (Public Transport)

$1.24 COP 3,944

Public Transport Monthly Pass (Regular Price)

$78.2 COP 248.0K

Taxi Start (Normal Tariff)

$1.28 COP 4,044

Taxi (Normal Tariff) (1km)

$2.15 COP 6,803

Taxi 1hour Waiting (Normal Tariff)

$8.37 COP 26.5K

Gasoline (1 liter)

$1.83 BSD 1.83

$1.35 COP 4,288

35.56%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.8K COP 110.2M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$34.7K COP 110.0M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$167 COP 528.4K

SIM Card Monthly Plan (Calls and 10GB+ Data)

$39.77 BSD 39.77

$13.62 COP 43.2K

192.00%

Internet (50+ Mbps, Unlimited Data)

$100 BSD 100

$29.12 COP 92.3K

243.58%

Gym Membership (Monthly)

$76.1 BSD 76.1

$45.09 COP 143.0K

68.84%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

Cinema Ticket

$15.20 BSD 15.20

$6.97 COP 22.1K

118.08%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,508 BSD 1,508

$790 COP 2.5M

90.82%

International Primary School, 1 Child (Yearly)

$15.1K BSD 15.1K

$9,041 COP 28.7M

67.29%

Jeans (Levis 501 Or Similar)

$87.8 COP 278.4K

Summer Dress (H&M, Zara, etc)

$58.2 COP 184.4K

Sport Shoes (Adidas, Nike)

$139 COP 440.7K

Men's Leather Business Shoes

$98.9 COP 313.5K

1-bedroom Apartment, City Center (Monthly)

$1,517 BSD 1,517

$1,028 COP 3.3M

47.49%

1-bedroom Apartment, Outside City Center (Monthly)

$694 BSD 694

$620 COP 2.0M

11.99%

3-bedroom Apartment, City Center (Monthly)

$1,881 COP 6.0M

3-bedroom Apartment, Outside City Center (Monthly)

$4,574 BSD 4,574

$1,008 COP 3.2M

353.96%

Buy Apartment in City Center (m2)

$3,988 COP 12.6M

Buy Apartment Outside City Center (m2)

$1,702 COP 5.4M

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for New Providence: October 20, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

New Providence

–

Medellin

$619 38.1%

Groceries & Markets

New Providence

–

Medellin

$298 18.3%

Monthly Utilities & Internet

New Providence

–

Medellin

$209 12.9%

Clothing & Footwear

New Providence

–

Medellin

$173 10.6%

Eating Out

New Providence

–

Medellin

$171 10.5%

Getting Around

New Providence

–

Medellin

$95 5.9%

Sport & Entertainment

New Providence

–

Medellin

$59 3.6%

Cost Breakdown

A central one-bedroom costs $1,517 in New Providence versus $1,028 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $149 in New Providence versus $47.00 in Medellin. Monthly groceries follow the same trend: $547 vs $298 – making Medellin the more affordable choice for daily food spending.

Good to know

🇧🇸 New Providence

🇨🇴 Medellin

🕒 Local time

09:24 9:24 AM

08:24 8:24 AM

1 h behind New Providence

🌤 Weather

👥 Population

296,522

2,486,723

💱 Currency

Bahamian Dollar BSD $

Colombian Peso COP $

📈 Exchange rate

1 BSD = 1 USD

1 BSD = 0.89 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to BSD – Bahamian Dollar Converter

🇺🇸 United States Dollar ($)

🇧🇸 Bahamian Dollar ($)

Bahamian Dollar exchange rates as of October 20, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.89 EUR).

Colombian Peso exchange rates as of October 20, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to BSD in detail →

On the map

Lowest

Highest

Between locations

New Providence Medellin 2,110 km ≈ 3 h 15 min nonstop flight

From you

New Providence
Medellin

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

New Providence vs Medellin: Cost of Living - Frequently Asked Questions

Yes – New Providence is pricier by about 33%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,238 per month in New Providence and $2,437 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $149 in New Providence and $47.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 84% more in New Providence, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,625, than in New Providence at $2,159. In Medellin it covers expenses comfortably, while in New Providence it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, New Providence makes more sense. Both are solid long-term options with distinct trade-offs.